725-757 Riversdale Road,
Camberwell, VIC 3124

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Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141

725-757 Riversdale Road

Camberwell, VIC 3124

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Super Prime Freestanding Coles Supermarket in Camberwell

Brand New 10 Year Net Lease
Recently constructed in 2018
Prime Metro Location in Camberwell

Stonebridge Property Group are pleased to offer for sale Coles Middle Camberwell, an intergenerational freehold investment of immense quality in a tightly held inner Melbourne location.

Key investment highlights include:

- State of the art two level building with three levels of car parking, purpose built to the highest standard by Coles Group in 2018

- Irreplaceable and carefully amalgamated 4,425 sqm* Commercial 1 zoned land holding in the heart of Camberwell

- Anchored by a brand new 10-year NET lease to Coles, providing excellent protection against inflationary pressures

- The Coles lease ensures that this asset is an extremely simple management proposition for an incoming investor, with most day-to-day operations taken care of by the Lessee

- Camberwell is an extremely affluent suburb with 43.6% of households earning more than $3,000 per week^ and house prices 2.5x the metropolitan Melbourne median^^

- Ultra-convenient three level ground and basement car parking for 209 vehicles (1 per 19.8 sqm GLAR*) with vehicle detection system

- 3,957 sqm* full-line Coles Supermarket and Liquorland supported by two specialty retail premises

- Premium quality, modern building with significant depreciation potential

*Approximate

^ ABS Census 2021

^^ REIV

To obtain further information, please contact the exclusive selling agents Stonebridge Property Group.

Justin Dowers
0438 098 8...

Kevin Tong
0422 848 8...

Philip Gartland
0403 582 3...

Property Code: 489

Camberwell, 3124 demographic data

The median household income for Camberwell is $2,457, 29% higher than Greater Melbourne's household income of $1,901. Camberwell has an older age profile compared to the rest of Greater Melbourne (median age 43 vs 37). Property ownership data shows 40% of property owners in Camberwell have a mortgage.

21,965

Population

$2,457 per week

Median household income

43 years

Median age

Owners

Most residents

Families

Most households

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141